Solved: What was the markup on the belts, Microeconomics

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What was the markup on the belts

Problem

The cost of a product is $150, markup is 50 percent, and markdown is 30 percent. What's the final selling price? Men's Wearhouse purchased black leather belts for $15.99 each and priced them to sell for $29.99 each. What was the markup on the belts?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What was the markup on the belts

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